For Sale: Minneapolis MLS# 6735130
Active
NEW!
$429,000
Multi-family: Duplex Up and Down
Built 1905
2,431 sqft • 0.19 acres
Minneapolis schools
MLS# 6735130
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Property Description
Opportunity knocks with this well-maintained duplex located in one of Northeast Minneapolis' most vibrant and walkable neighborhoods—just steps from popular breweries, shops, and restaurants. Each unit offers 2 bedrooms and 1 bathroom with bright, spacious living areas, front sunrooms filled with natural light, and dishwashers in the kitchens for added convenience. Tenants enjoy free shared laundry and additional storage in the basement, while the large lot features a fire pit, and patio area; perfect for outdoor entertaining. A detached 2-car garage is a huge bonus for those snowy winters. With strong rental history and minimal vacancy thanks to its desirable location and smart layout, this is an ideal investment for both house hackers and portfolio builders as both units are currently vacant. As a bonus, there's value add potential as the expansive walk-up attic provides a unique opportunity—finish it out to create an additional unit or expand the upstairs living space with more bedrooms or a primary suite. Don’t miss your chance to own a high-demand rental property in a thriving Northeast Minneapolis neighborhood!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$429,000
Price per sq ft:
$176
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
Marshall Terrace
Subdivision Name:
Northtown Add
Interior
Finished Area:
2,431 ft2
Living Area:
2,431 ft2
Basement Details:
Block
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
20x20
Garage Size:
400 ft2
Garage Door Height:
7
Garage Door Width:
7
Foundation Size:
1,100 ft2
Foundation Dimensions:
55x20
Handicap Accessible:
None
Heating System:
- Baseboard
- Forced Air
Parking Features:
Detached
Exterior Material:
Stucco
Lot & Land
Acres:
0.19
Geolocation:
45.022443, -93.268745
Lot Dimensions:
127 x 47 x 30 x 133
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,598
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,226
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
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Listing provided by RMLS,
courtesy of Rize Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.